Peering Into Zimmer Biomet Holdings's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Zimmer Biomet Holdings's (NYSE:ZBH) short percent of float has fallen 12.57% since its last report, with 2.72 million shares sold short, which is 1.67% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. However, it does not necessarily mean that the stock price will rise in the near term. Compared to its peers, Zimmer Biomet has less short interest.
September 11, 2023 | 2:00 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Zimmer Biomet's short percent of float has decreased, indicating a more bullish sentiment. However, this does not guarantee a rise in the stock price.
A decrease in short interest usually indicates a more bullish sentiment towards a stock. However, it does not necessarily mean that the stock price will rise in the near term. Therefore, while the news is relevant to Zimmer Biomet, its impact on the stock price is uncertain.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100